“Maybe he can try to remove subsidies, maybe he can remove labour market regulations... maybe he can lower the taxes and lower the spending. Fundamentally as a libertarian you want to lower the spending, lower the size of the state, lower the taxes, get out of the way.”
— Stephan Livera

Stephan Livera is the host of the Stephan Livera Podcast, and head of education at Swan Bitcoin. In this interview, we discuss Argentina’s newly elected Libertarian President, Javier Milei. We talk about his policies, dollarisation, abolition of the central bank and whether he can truly tame Argentina's inflation problem.

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A few days ago Javier Milei became the world's first anarcho-capitalist leader after his success in Argentina's recent elections. The win signals a big shift in the country's political ideology and economic ambition. His campaign promised to bring libertarian principles for a nation tired of economic troubles & ready for change.

Milei ran his campaign on defunding and dismantling government bureaucracies, abolition of the central bank, and a mass privatisation of state enterprises and dollarization, in an attempt to stabilise Argentina's chronic high-inflation. While these are radical changes, radical may be exactly what Argentina needs and he struck a chord with voters desperate for a departure from perpetual economic crises.

As perhaps the most well-known libertarian politician since Ron Paul, all eyes will be on Milei over the next four years. Can he bring economic stability to Argentina? Will he be able to navigate the political structures without becoming corrupted? Will he really follow through on dismantling the government? And, will this usher in a new wave of Libertarian politicians across the world?

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This episode’s sponsors:
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WBD739 - Show Notes

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Milei's Argentine Revolution? With Stephan Livera

The Peter McCormack Show